Residential Market
Median Price
RM 620,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
37 properties
Median Price
RM 59,000
+35.7% CAGR
Median PSF
RM 89.75
+37.2% CAGR
Double Storey Terraced
25 properties
Median Price
RM 256,250
-1.0% CAGR
Median PSF
RM 263.00
+9.8% CAGR
Shop/Retail Lot
20 properties
Median Price
RM 350,000
+86.1% CAGR
Median PSF
RM 213.00
+102.9% CAGR
Terraced Factory
15 properties
Median Price
RM 848,250
+13.4% CAGR
Median PSF
RM 318.75
+6.8% CAGR
Semi-D Factory
4 properties
Median Price
RM 1,828,500
-26.2% CAGR
Median PSF
RM 248.00
Double Storey Shop
2 properties
Median Price
RM 719,000
Median PSF
RM 502.00
3-Storey Storey Shop
2 properties
Median Price
RM 275,000
Median PSF
RM 165.50
Detached Factory
1 properties
Median Price
RM 9,150,000
Median PSF
RM 159.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost Flat | 37 |
RM 59,000
±10K MAD
|
+35.72% |
RM 89.75
±17 MAD
|
+37.16% | |
| Double Storey Terraced | 25 |
RM 256,250
±5K MAD
|
-0.97% |
RM 263.00
±18 MAD
|
+9.78% | |
| Shop/Retail Lot | 20 |
RM 350,000
±153K MAD
|
+86.13% |
RM 213.00
±98 MAD
|
+102.91% | |
| Terraced Factory | 15 |
RM 848,250
±15K MAD
|
+13.40% |
RM 318.75
±41 MAD
|
+6.78% | |
| Semi-D Factory | 4 |
RM 1,828,500
±276K MAD
|
-26.19% |
RM 248.00
|
- | |
| Double Storey Shop | 2 |
RM 719,000
|
- |
RM 502.00
|
- | |
| 3-Storey Storey Shop | 2 |
RM 275,000
|
- |
RM 165.50
|
- | |
| Detached Factory | 1 |
RM 9,150,000
|
- |
RM 159.00
|
- |
DESA MESRA in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 620K and a median price per square foot (PSF) of RM 516.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 620K, with most transactions falling within a stable range of RM 585K to RM 655K, and a typical market range of RM 588K to RM 653K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 516, with most transactions between RM 493 and RM 539. The usual range is RM 493.00 to RM 539.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.